Adams County State Bank - Hettinger, ND

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: September 4, 1931
Location: Hettinger, North Dakota (46.001, -102.637)

Metadata

Model: gpt-5-mini
Short Digest: 6fea873a

Response Measures

None

Description

The Adams County State Bank in Hettinger closed on September 4, 1931 and a receiver was appointed. In May 1933 the closed bank paid a dividend to depositors from receiver distributions. No run is mentioned in the article; closure was handled by a state closed bank receiver.

Events (3)

1. September 4, 1931 Receivership

Newspaper Excerpt: J. O. Wigen, receiver ... P. A. O'Keefe, Bismarck, district closed bank manager and R. R. Halstad, Beach, field agent for the state closed bank receiver, were in Hettinger for the payment.
Source: newspapers

2. September 4, 1931 Suspension

Cause: Government Action
Cause Details: Bank was closed and placed under the state closed bank receiver (state action/receivership).
Newspaper Excerpt: The Adams county bank closed September 4, 1931
Source: newspapers

3. May 2, 1933 Other

Newspaper Excerpt: Hettinger - Hettinger's closet Adams County State bank paid a 10 per cent dividend of $30,000.
Source: newspapers

Newspaper Articles (1)

1. May 2, 1933 Morning Pioneer Mandan, ND

Article from Morning Pioneer, May 2, 1933

Click image to open full size in new tab

Article Text

Hettinger Bank Pays a Dividend Hettinger - Hettinger's closet Adams County State bank paid a 10 per cent dividend of $30,000. Approximately $26,000 of the dividend went into circulation in Adams county, J. O. Wigen. receiver, estimates. The remainder went to depositors outside the county. P. A. O'Keefe, Bismarck, district closed bank manager and R. R. Halstad, Beach, field agent for the state closed bank receiver, were in Hettinger for the payment. The Adams county bank closed September 4, 1931